World of Warcraft currency. How to get rich and have fun !
This amazing game has an in game currency that is used to buy items from other players and on the in game acution house. The Picture below shows how the auction houe appears. Once you buy something it will then appear as a package in your mail box.
Gold can be earned by farming items in the world. You can pick herbs, mine ores and gems, and you can craft sellable items.
The auction house is a great way to sell items in this game and then use the gold to pay for your subscription.
Buying a wow token on the Auction house will allow you to use gold to buy game subcription time. Using a token and gold you can pay for your World of Warcraft habit completely with in game gold. These as I said go for 260K to 330K gold to buy. I mined my way wall the way to 100,000 gold back when 100K meant something. Sadly to be honest its worth more time wise to BUY your gold using the wow token system. When you buy a token from the wow store you can sell it on the auction house.
This means for 20$ you can be 330K richer in this game. Now if you are smart and saavy , and in the case of mining if you followed this you should be good with ores and bars, you can take that 330K and buy and flip items on the Auction House for some truly big bucks.
For instance. If you buy up all the gold bars and all the gold ore on the auction house, you could use 330K to pump up the price of gold bars and pump up the price of gold ores , and then turn around and sell off your stock of Gold for a massive profit.
This is called in stock market terms THE PUMP AND DUMP.
A tycoon PUMPS up the price then DUMPS their stock when they are sure they can at least double their investment.
This happens all the doggone time in the game World of Warcraft.
Your best bet if you plan to do some flipping and some selling is make sure you know how to mine or produce that item on your own, and not be beholden to whoever is selling gold on the auction house.
Now with that said , I am a big big player as are members of my guild in the game of flipping items on the Auction House.
My recomendation, from experience is to flip mounts. If you can buy some mounts cheap and sell them reliably later for a good price.
Now my advice at this point is to take that 330K gold and your ores and go level up your engineering for vanilla engineering , and then level it up for Mists of Pandaria zone mining and engineering.
In mists of pandaria with engineering there are TWO greatly profitable mounts. Having some cash on hand to buy some vendor parts for Mists of Pandaria engineering mounts can help you sell them and make some big profits from anywhere to 20% daily to 100% profit on the MoP engineering mount the SKY GOLEM.